Bitcoin Gambling is Exploding

[NewInCryptoCurrency]

You see indeed that Bitcoin gambling is getting more popular and the main reason is that Bitcoin is also getting more used and that is quite good also for gambling and that is why.
Around this time people are making Bitcoin more acceptable and that is quite nice for people who are using Bitcoin as their payment method.

[Bagus Tubagus]

But is it possible to make legal casino and accepting only bitcoins?

[teilwalL05]

yah, and the government would be hard to track you. Imagine you manage to win a huge sum but there is no way you can get it cash out as the government does support such activities. So betting in btc is a way to bypass that and you still can hide your winnings from the government.

Yeah Your Absolutely right and that is the exact reason why many casino players are getting to bitcoin because of this kind of a bypass thing and I don't mean any of them will surely like to cheat the government of the whereabouts of your money!

[goldcoinminer]

yah, and the government would be hard to track you. Imagine you manage to win a huge sum but there is no way you can get it cash out as the government does support such activities. So betting in btc is a way to bypass that and you still can hide your winnings from the government.

Yeah Your Absolutely right and that is the exact reason why many casino players are getting to bitcoin because of this kind of a bypass thing and I don't mean any of them will surely like to cheat the government of the whereabouts of your money!

The government here is a big cheat, they want to invade our privacy, it's a good thing that bitcoin was discovered cause it benefits majority of the people who wants to hide their personal identity when gambling online.

[teilwalL05]

yah, and the government would be hard to track you. Imagine you manage to win a huge sum but there is no way you can get it cash out as the government does support such activities. So betting in btc is a way to bypass that and you still can hide your winnings from the government.

Yeah Your Absolutely right and that is the exact reason why many casino players are getting to bitcoin because of this kind of a bypass thing and I don't mean any of them will surely like to cheat the government of the whereabouts of your money!

The government here is a big cheat, they want to invade our privacy, it's a good thing that bitcoin was discovered cause it benefits majority of the people who wants to hide their personal identity when gambling online.

Yup! that is why they want to know the secret of satoshi and who really satoshi is, they are coming up on a plan to get a hands on obtaining bitcoin all by themselves to control it's currency and make it their own, whew! at least satoshi has big brains than them and has a security that almost the government can't reach!

[rickadone]

This was really expected to happen because btc is can't be traced.  So no verification and stuff just play and have fun.   

Yup! and that is the probable reason why some people are jumping in the band wagon in playing gambling because of what bitcoin does and the number of gambling sites now are tons and lots of them out their.

Yes, bitcoin has put a positive effect on the gambling site owners, before bitcoin there were a less number of online casinos and when the technology of bitcoin introduced, a large number of community came there to join those sites and so the number of casinos increased.

[shanem]

This was really expected to happen because btc is can't be traced.  So no verification and stuff just play and have fun.   

Yup! and that is the probable reason why some people are jumping in the band wagon in playing gambling because of what bitcoin does and the number of gambling sites now are tons and lots of them out their.

Yes, bitcoin has put a positive effect on the gambling site owners, before bitcoin there were a less number of online casinos and when the technology of bitcoin introduced, a large number of community came there to join those sites and so the number of casinos increased.

Before bitcoin, you need some form of verification before you can withdraw fiat from most online casinos. After bitcoin was introduced, users do not need to give their personal information and can bet online anonymously. This is a huge advantage as many people don't feel comfortable sharing their personal information online.

[Karartma1]

This was really expected to happen because btc is can't be traced.  So no verification and stuff just play and have fun.   

Yup! and that is the probable reason why some people are jumping in the band wagon in playing gambling because of what bitcoin does and the number of gambling sites now are tons and lots of them out their.

Yes, bitcoin has put a positive effect on the gambling site owners, before bitcoin there were a less number of online casinos and when the technology of bitcoin introduced, a large number of community came there to join those sites and so the number of casinos increased.

Before bitcoin, you need some form of verification before you can withdraw fiat from most online casinos. After bitcoin was introduced, users do not need to give their personal information and can bet online anonymously. This is a huge advantage as many people don't feel comfortable sharing their personal information online.

I think that's the best thing about it. Why do we have to disclose so much information about us online. There are people paid for that, looking for our data everywhere online and offline.
I want to be a nobody on the internet.

[Red-Apple]

This was really expected to happen because btc is can't be traced.  So no verification and stuff just play and have fun.   

Yup! and that is the probable reason why some people are jumping in the band wagon in playing gambling because of what bitcoin does and the number of gambling sites now are tons and lots of them out their.

Yes, bitcoin has put a positive effect on the gambling site owners, before bitcoin there were a less number of online casinos and when the technology of bitcoin introduced, a large number of community came there to join those sites and so the number of casinos increased.

Before bitcoin, you need some form of verification before you can withdraw fiat from most online casinos. After bitcoin was introduced, users do not need to give their personal information and can bet online anonymously. This is a huge advantage as many people don't feel comfortable sharing their personal information online.

I think that's the best thing about it. Why do we have to disclose so much information about us online. There are people paid for that, looking for our data everywhere online and offline.
I want to be a nobody on the internet.

that is a never-ending battle between the users and the government about privacy i usually read some info articles by mozilla and other articles on the internet, it is a pretty interesting field. bitcoin is one of the best tools for reaching that level of privacy on the internet that we want.

[naidray]

The main appeal for me is not having to pay withdrawal fees. It's total BS that a gambling company would charge me to take out my winnings, and also make me wait for days to get it back.

Yes it is a problem to everyone and which is of high concern, the withdrawal fees of these casino sites are much high, and in that case the members are unable to play with small amounts, as with that amount amount if the win, they are lost in the withdrawal fees.

[praprata]

The main appeal for me is not having to pay withdrawal fees. It's total BS that a gambling company would charge me to take out my winnings, and also make me wait for days to get it back.

Yes it is a problem to everyone and which is of high concern, the withdrawal fees of these casino sites are much high, and in that case the members are unable to play with small amounts, as with that amount amount if the win, they are lost in the withdrawal fees.

Depositing is no problem, but when you want to take profit and cash out they make you really pay for it. Hope this will change.
Most people don't expect it and they won't come back to that casino.

[thejaytiesto]

The main appeal for me is not having to pay withdrawal fees. It's total BS that a gambling company would charge me to take out my winnings, and also make me wait for days to get it back.

Yes it is a problem to everyone and which is of high concern, the withdrawal fees of these casino sites are much high, and in that case the members are unable to play with small amounts, as with that amount amount if the win, they are lost in the withdrawal fees.

Depositing is no problem, but when you want to take profit and cash out they make you really pay for it. Hope this will change.
Most people don't expect it and they won't come back to that casino.

Well the casinos have to make profit, otherwise they wouldn't be able to pay for the stuff, at least in the begining, once the casino starts getting a lot of traffic maybe having a fee to withdraw is overkill, but most casinos that aren't Bitcoin related also apply fees so I don't know about this changing any time soon.

[goldcoinminer]

The main appeal for me is not having to pay withdrawal fees. It's total BS that a gambling company would charge me to take out my winnings, and also make me wait for days to get it back.

Yes it is a problem to everyone and which is of high concern, the withdrawal fees of these casino sites are much high, and in that case the members are unable to play with small amounts, as with that amount amount if the win, they are lost in the withdrawal fees.

Depositing is no problem, but when you want to take profit and cash out they make you really pay for it. Hope this will change.
Most people don't expect it and they won't come back to that casino.

Well the casinos have to make profit, otherwise they wouldn't be able to pay for the stuff, at least in the begining, once the casino starts getting a lot of traffic maybe having a fee to withdraw is overkill, but most casinos that aren't Bitcoin related also apply fees so I don't know about this changing any time soon.

It's not most, it's all of the casinos have to make profit because that is their only main goal in operating a business. They have the house advantage so the odds is favorable to them. Although majority of the gamblers already know that the house has an edge but they still play due to the excitement they get from gambling plus in using bitcoin they found an ease in the online gambling that would bypass any restrictions.

[Erza]

But is it possible to make legal casino and accepting only bitcoins?

It depends on yourselves whether you dare to open it or not. May be if you can start from small to attract more people, and gradually make it bigger and bigger. But what I know there is no offline casino that accept bitcoin yet out there

[crytoboost]

Bitcoin will be the most love crypto currency because it is easy to use without any restriction and we play on any bitcoin related gambling stay anonymous, it cares about our privacy and that kind of gambling don't ask for personal documents to get paid, it is just beginning soon it will be only way to gamble online.

[jtalk]

Bitcoin opened new opportunities for online casinos owners.There were some owners who quickly realize that is good to embrace Bitcoin and already have made their mark in gambling filed.There is still lot of potential as Bitcoin is offering multiple problem's solution which traditional ways can't.Bitcoin gambling has great future because of the innovation and easiness.

[00lakhwinder00]

You could multiply bet as low as 1000 sat (.004$) to .5 bitcoin (200$) instantly*, that's what drives people crazy.

* depends greatly on your luck.

[fullypak]

Bitcoin opened new opportunities for online casinos owners.There were some owners who quickly realize that is good to embrace Bitcoin and already have made their mark in gambling filed.There is still lot of potential as Bitcoin is offering multiple problem's solution which traditional ways can't.Bitcoin gambling has great future because of the innovation and easiness.

As of today bitcoins become so much popular only because of online gambling otherwise in other fields bitcoins are not used that extent. Gambling industry is quite big and online gambling will be very convenient for many gambling and until now only problem was how to manage funds unanimously and now bitcoin has given that freedom for all these gamblers. I think, surely this industry will grow even more.

[tn211]

You could multiply bet as low as 1000 sat (.004$) to .5 bitcoin (200$) instantly*, that's what drives people crazy.

* depends greatly on your luck.

Well it is luck based so in this case where the odds are not in your favor you are likely to lose.

But saying that it is exploding while nothing really big has happened is naive. There is a growth sure... but an explosion? Come on really.

[BTCLovingDude]

You could multiply bet as low as 1000 sat (.004$) to .5 bitcoin (200$) instantly*, that's what drives people crazy.

* depends greatly on your luck.

Well it is luck based so in this case where the odds are not in your favor you are likely to lose.

But saying that it is exploding while nothing really big has happened is naive. There is a growth sure... but an explosion? Come on really.

technically it is possible to get a lot of money even with claiming faucet, especially in some of those dice sites that allow some huge multipliers if you set to the biggest amount and get lucky you can earn a lot without even investing.